Farage ditches £90bn tax cut pledge to focus on 'fiscal restraint' - report

Reform UK will prioritise spending cuts over borrowing

Sahar Nazir
clock • 2 min read

Reform UK leader Nigel Farage has signalled a major shift in his party's economic approach, abandoning manifesto pledges for £90bn in tax cuts in favour of what he described as a "rigorous and fully costed" plan centred on fiscal restraint, The Times reported.

Farage said Reform would "never borrow to spend" and would only cut taxes after achieving savings in public expenditure. The move marks a departure from the party's 2024 manifesto, which pledged reductions to fuel duty, income, corporation and inheritance taxes. "Reform will never borrow to spend, as Labour and the Tories have done for so long; instead, we will ensure savings are made before implementing tax cuts," Farage told The Times. "At the next election, we will present a rigorous and fully costed manifesto." According to The Times, Farage plans to outline his updated economic s...

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Sahar Nazir
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Sahar Nazir

News Editor at Professional Adviser

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